Turnkey Licensed Cannabis Cultivation & Manufacturing Business in Providence, RI

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Financial Details

Asking Price:
$1,200,000
Cash Flow / SDE:
$1,200,000
Profit Metric:
Asking Price
Valuation Multiple:
1.0x
Location:
Providence, RI, USA
Source:
Date:
November 05, 2025

Key Highlights

Turnkey, fully operational medical cannabis cultivation and manufacturing business.
Highly scarce Class A license in Rhode Island, with adult-use market expansion anticipated.
Favorable lease terms (below market rent, utilities only) and significant expansion potential up to 50,000 sq. ft.

Description

This is a rare opportunity to acquire a fully operational, licensed Class A medical cannabis cultivation and manufacturing facility located in Providence, Rhode Island. The business holds a scarce state license, as Rhode Island stopped issuing new cultivation applications in 2017. The current 5,000 sq. ft. facility is generating revenue, with approximately 2,500 sq. ft. currently utilized. The lease structure is highly advantageous, requiring only utility payments at below-market rates. Furthermore, the site offers expansion potential up to 50,000 sq. ft., coinciding with the expected approval of the adult-use cannabis market. The sale includes all necessary FF&E, brand identity, and genetics.

Industry Information

Industry Description:
This listing is for a licensed cannabis cultivation and manufacturing operation in Rhode Island, which falls under the Manufacturing and Agriculture sectors, specifically related to licensed cannabis production.
Classification:
Manufacturing

Operational Snapshot

Employees:
2

Real Estate & Lease

Status:
Leased

Assets & Inventory

Includes FF&E:
Yes
Includes Inventory:
Yes

Broker Contact

Name:
Yesenia Jimenez
Company:
Green Life Business Group Inc.
Email:
[email protected]
Phone:
(619) 433-5773

Listing Details

Listing ID:
9b04e2c5-205a-4717-b5f9-43b4a7bacfa1
Source Listing ID:
599
Deal Status:
Sold
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Cultivation Manufacturing Turnkey Licensed Business Rhode Island